![\"Los](\"https:\/\/www.ramolawpc.com\/refresh\/new\/\/\/\/\/\/wp-content\/uploads\/2018\/01\/LA-biz-journal-logo-e1517015152208.jpg\"){kind=logo}
Harvey Weinstein\u2019s myriad alleged instances of sexual assault and harassment spawned the \u201cMe Too\u201d movement, and a historic period of women coming forward to report workplace misconduct.<\/p>\nHarvey Weinstein\u2019s myriad alleged instances of sexual assault and harassment spawned the \u201cMe Too\u201d movement, and a historic period of women coming forward to report workplace misconduct.<\/p>\n
On a far more mundane but nonetheless significant level for the entertainment business, Weinstein\u2019s fall ruined his motion picture studio, and that has changed the fortunes of several companies and dozens of workers in Hollywood.<\/p>\n
One person affected, for example, was Terence Curren, who runs Alpha Dogs, a post-production studio in Burbank that helped make reality television staple \u201cProject Runway,\u201d in his words, \u201clook as good as possible.\u201d<\/p>\n
Putting the finishing touches on the Weinstein Co. television title was a substantial chunk of Alpha Dogs\u2019 $1.5 million in annual revenue, Curren said, adding that he\u2019s uncertain his company will continue to work on the show.<\/p>\n
\u201cWe got blindsided,\u201d Curren said.<\/p>\n
The uncertainty comes in the wake of Dallas private equity group Lantern Capital Partners\u2019 $310 million acquisition of Weinstein Co., which had been in bankruptcy proceedings since March.<\/p>\n
Lantern Capital announced last month that Bravo, a part of NBCUniversal Media, would air \u201cProject Runway,\u201d and Bravo then said on June 9 that it had selected Magical Elves Inc. to produce it.<\/p>\n
Little else is known about the \u201cProject Runway\u201d deals, save Bravo\u2019s announcement that the show would be on hiatus, and not air again until 2019. A drama-laden contest of aspiring fashion designers, \u201cProject Runway\u201d was the Weinstein Co.\u2019s signature TV show, drawing the participation of many established fashion designers, including Weinstein\u2019s former wife Georgina Chapman.<\/p>\n
Bravo declined comment, Lantern Capital said it could not talk until Weinstein Co.\u2019s bankruptcy process was finalized and messages left with Magical Elves were not returned.<\/p>\n
Market value<\/p>\n
Regardless of the specifics, \u201cProject Runway\u2019s\u201d next phase is a reversal of fortunes for Bravo and Magical Elves.<\/p>\n
Each company worked on \u201cProject Runway\u2019s\u201d first four years, before Weinstein Co. abruptly moved the show to A&E Television Networks-owned Lifetime in 2008.<\/p>\n
The move was so abrupt, in fact, that Bravo sued Weinstein Co. for breach of contract, litigation that settled in 2009.<\/p>\n
Elsa Ramo, a Beverly Hills attorney who specializes in entertainment deals, said that the deals made public in the litigation 10 years ago help in discerning the show\u2019s current valuation, especially because \u201cProject Runway\u201d ratings have stabilized.<\/p>\n
\u201cThat litigation provided a point of comparison for the parties,\u201d Ramo said.<\/p>\n
It was reported in 2008, for example, that Lifetime signed a five-year, $150 million deal to produce the show, and that Lifetime was willing to pay $1 million per episode. Bravo, on the other hand, was reportedly paying just $600,000 per episode.<\/p>\n
View this article at Los Angeles Business Journal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Harvey Weinstein\u2019s myriad alleged instances of sexual assault and harassment spawned the \u201cMe Too\u201d movement, and a historic period of women coming forward to report workplace misconduct. On a far more mundane but nonetheless significant level for the entertainment business, Weinstein\u2019s fall ruined his motion picture studio, and that has changed the fortunes of several
+ Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":1033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-1241","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-los-angeles-business-journal"],"_links":{"self":[{"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/posts\/1241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/comments?post=1241"}],"version-history":[{"count":2,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/posts\/1241\/revisions"}],"predecessor-version":[{"id":1243,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/posts\/1241\/revisions\/1243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/media\/1033"}],"wp:attachment":[{"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/media?parent=1241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/categories?post=1241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ramolawpc.com\/new\/wp-json\/wp\/v2\/tags?post=1241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}